Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Uber opens wallet to counter Rapido's surge
Mint Hyderabad
|February 26, 2026
The battle for market share in India’s ride hailing industry between American giant Uber and homegrown Rapido has intensified, even as the once-dominant position of the country’s first major ride-hailing service—Ola Cabs—steadily erodes.
In a bid to bulk up its financial firepower, Uber has pumped nearly ₹3,000 crore into its India unit in recent months to take on the challenge from Bengaluru-based Rapido, which entered the current fiscal year with a stronger cash position and has rapidly gained market share.
The Indian unit of US-based Uber Technologies Inc got ₹2,721 crore in January from Uber BV, the Dutch arm of Uber.
Diese Geschichte stammt aus der February 26, 2026-Ausgabe von Mint Hyderabad.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Hyderabad
Mint Hyderabad
A new grammar to challenge Tamil film
Members of the Problematic Family, which premiered at the Berlinale, is a striking, experimental debut film from R. Gowtham
3 mins
February 26, 2026
Mint Hyderabad
Uranium supply deal likely during Carney’s India visit
Cameco CEO Tim Gitzel to be part of the business delegation accompanying Canadian PM
2 mins
February 26, 2026
Mint Hyderabad
Can ABB surf the order wave?
ABB India's order inflow rose by a sharp 52% year-on-year in Q4CY25 amid early signs of demand improvement.
2 mins
February 26, 2026
Mint Hyderabad
Mindspace, Chalet ink pre-lease pact
Mindspace Business Parks REIT, which owns and develops Grade A office assets, on Wednesday said it has pre-leased a 530,000 sq. ft building at its Mindspace Madhapur campus in Hyderabad to Chalet Hotels Ltd for a luxury hotel project.
1 min
February 26, 2026
Mint Hyderabad
Govt's goal is to remove fear of 'tariff wall' in calibrated manner, says FM
Union finance minister Nirmala Sitharaman said on Wednesday the government's goal is to completely remove the fear of a “tariff wall” around the Indian market, but it has to be carefully calibrated and cannot be a hurried exercise.
2 mins
February 26, 2026
Mint Hyderabad
US duty stings solar stocks; sector may escape unhurt
Centre won't step in on behalf of affected firms, says solar makers have legal recourse
1 mins
February 26, 2026
Mint Hyderabad
CHASING 12% EQUITY RETURNS? LONG-TERM INVESTING ISN'T JUST ABOUT A NUMBER
Most investors enter equity mutual funds expecting an annual average return of about 12%.
3 mins
February 26, 2026
Mint Hyderabad
Why midscale is the sweet spot in India’s hotel market
Largest growth to be in the midscale hotel category, in a wider set of cities, even as costs rise
2 mins
February 26, 2026
Mint Hyderabad
Digital rupee pilot for food subsidy
In a significant shift in the way food subsidies are delivered, the government will launch a central bank digital currency (CBDC)-based pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry on 26 February.
1 min
February 26, 2026
Mint Hyderabad
PM Modi at Knesset: India backs Gaza peace initiative
PM called for sustained and coordinated global efforts to counter terrorism
1 mins
February 26, 2026
Listen
Translate
Change font size